The railway would cross the Yavuz Sultan Selim suspension bridge, one of the longest and widest of its kind in the world.

After a period of overcapacity, demand for industrial space, including warehouses and manufacturing facilities, is growing, and lease rates are rising as a result. Companies therefore need to be more careful than ever as they weigh a variety of factors when considering distribution network design and investment. 

The blacklisted tankers are just a tiny part of the shadow fleet amassed by Russia to move its oil outside the reach of the Western powers.

Disruptions in the Red Sea are increasing pressure on supply chain leaders to navigate conflicting priorities to manage budgets and maintain customer satisfaction.

The diversions come as European futures jumped on concerns about increased risk to supplies in the Middle East, just as the heating season gets under way.

By 2054, JKIA is expected to handle 32 million passengers and nearly one million tons of cargo, compared to 8.6 million passengers and 367,000 tons of cargo currently.

The proposed levies range between 7.8% on imported Teslas made in China to as much as 45% for some Chinese automakers.

A strike at U.S. East and Gulf Coast ports enters its third day, with talks between the ILA and USMX remaining fraught.

The union recently claimed that carriers "are gouging their customers," alleging that it now costs $30,000 to ship a single container. Not so, says freight rate analytics company, Xeneta.